Packaging Corporation of America (NYSE:PKG) Given New $270.00 Price Target at Truist Financial

Packaging Corporation of America (NYSE:PKG) had its price target lowered by Truist Financial from $273.00 to $270.00 in a research note issued to investors on Thursday,Benzinga reports. Truist Financial currently has a buy rating on the industrial products company’s stock.

A number of other equities analysts have also weighed in on the company. Citigroup decreased their price target on Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. UBS Group increased their target price on shares of Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Wells Fargo & Company boosted their target price on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.00.

Packaging Corporation of America Stock Performance

PKG stock opened at $220.45 on Thursday. The stock has a market capitalization of $19.84 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 1.63 and a beta of 0.88. The stock’s fifty day moving average is $208.84 and its two-hundred day moving average is $206.83. Packaging Corporation of America has a 1 year low of $172.71 and a 1 year high of $231.12. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.41 by ($0.09). The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.43 billion. Packaging Corporation of America had a return on equity of 19.18% and a net margin of 8.61%.The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. On average, research analysts predict that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, December 15th. Packaging Corporation of America’s dividend payout ratio is presently 50.56%.

Hedge Funds Weigh In On Packaging Corporation of America

Several large investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Packaging Corporation of America during the 2nd quarter worth approximately $225,478,000. Millennium Management LLC increased its position in shares of Packaging Corporation of America by 223.6% in the 3rd quarter. Millennium Management LLC now owns 1,516,562 shares of the industrial products company’s stock valued at $330,504,000 after buying an additional 1,047,902 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Packaging Corporation of America by 119.9% in the third quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company’s stock worth $406,082,000 after acquiring an additional 1,015,894 shares in the last quarter. American Century Companies Inc. raised its holdings in Packaging Corporation of America by 70.6% during the 2nd quarter. American Century Companies Inc. now owns 1,860,113 shares of the industrial products company’s stock worth $350,539,000 after buying an additional 769,806 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Packaging Corporation of America by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,085,196 shares of the industrial products company’s stock valued at $672,357,000 after acquiring an additional 370,573 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Key Headlines Impacting Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Wells Fargo raised its price target from $233 to $234 and kept an “overweight” rating, signaling continued confidence in PKG’s outlook and providing upside support for the stock. Wells Fargo PT raise
• Positive Sentiment: Truist trimmed its target slightly (from $273 to $270) but maintained a “buy” rating — the high target and buy stance reinforce bullish analyst sentiment despite the small cut. Truist PT update
• Neutral Sentiment: Citigroup nudged its target from $226 to $227 and kept a “neutral” rating, a modest change that is unlikely to materially move the stock by itself but adds to the chorus of analyst attention. Citigroup PT update
• Neutral Sentiment: Investors can review the company’s Q4 2025 earnings call transcript for management commentary on volumes, margins, M&A impacts and guidance — useful for parsing near-term risks and catalysts. Earnings call transcript
• Negative Sentiment: Zacks reports PKG missed Q4 EPS estimates and logged revenue slightly below consensus; higher year-over-year sales were offset by lower volumes, margin pressure and acquisition-related headwinds — these operational issues explain downward pressure on near-term profitability. Earnings miss article

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.